ISO 55001 Foundation Training | ISO 55001 Training in Virtual

ISO 55001 Foundation Training Course Outline

Module 1: Introduction to ISO 55001

• Introduction
• Scope
• Normative Reference
• Terms and Definitions

Module 2: Asset Management Systems

• What is Asset Management System?
• Importance of Asset Management
• How Does Asset Management Work?
• Why Use an Asset Management System?
• Developing a Strategic Asset Management Plan
• Benefits of Asset Management

Module 3: Types of Asset Management

• Financial Asset Management
• Enterprise Asset Management
• Infrastructure Asset Management
• IT Asset Management
• Digital Asset Management
• Software Asset Management

Module 4: Context of the Organisation

• Understanding the Organisation and its Context
• Understanding the Needs and Expectations of Stakeholders
• Determining the Scope of the Asset Management System
• Asset Management System

Module 5: Leadership

• Leadership and Commitment
• Policy
• Organisational Roles, Responsibilities, and Authorities

Module 6: Asset Lifecycle

• Planning
• Acquisition
• Operation and Maintenance
• Disposal

Module 7: Asset Management Terminology

• Asset
• Asset Usage
• Asset Reuse
• Robust Asset
• Reusable Asset
• Ad-Hoc Reuse
• Engineered Reuse

Who should attend this ISO 55001 Foundation Training Course?

The ISO 55001 Foundation Training Course offers a deep dive into the world of Asset Management. For attendees, this course presents an opportunity to understand and harness the principles of Asset Management to their advantage, both personally and professionally. The following individuals can consider attending an ISO 55001 Foundation Training Course:

• Asset Managers
• Facility Managers
• Operational Managers
• Maintenance Managers
• Financial Managers
• Quality Managers
• Risk Managers
• Project Managers

Prerequisites of the ISO 55001 Foundation Training Course

There are no formal prerequisites for attending this ISO 55001 Foundation Training Course.

ISO 55001 Foundation Training Course Overview

ISO 55001 Foundation Training Course provides delegates with a solid understanding of the ISO 55001 standard, focusing on asset management and the implementation of effective management systems. As businesses aim to optimise asset performance and achieve long-term value, proficiency in ISO 55001 is essential for maintaining operational efficiency and meeting regulatory requirements. This course equips delegates with the knowledge needed to manage assets efficiently, ensuring compliance and continuous improvement.

Professionals, including Asset Managers, Compliance Officers, and Maintenance Engineers, must develop expertise in ISO 55001 to enhance asset lifecycle management. Mastery of this standard ensures organisations can reduce risks, improve reliability, and optimise asset performance. This course is crucial for those seeking to strengthen their asset management capabilities and align with best practices.

This 1-day training by The Knowledge Academy equips delegates with the practical skills to implement ISO 55001 principles within their organisation. Through interactive discussions and real-world case studies, delegates will learn how to establish an asset management system that supports strategic objectives and operational excellence.

Course Objectives

• To operate, develop, sell, and maintain assets in a cost-effective manner
• To preserve the path of their assets, whether fixed or liquid
• To keep the assets in decent condition and manage them effectively
• To maintain and monitor everything considered an asset within the corporation
• To warrant that assets are being used efficiently and properly
• To create a purchase timeline and budget for asset acquisition

By the end of this training, participants will be able to save money and be more organised to reduce waste by tracking their assets. They will also be able to integrate asset management systems to meet the appropriate management system requirements.

Skills You’ll Gain After Completing ISO 55001 Foundation Training

The ISO 55001 Foundation Training enables professionals to gain practical knowledge of Asset Management Systems (AMS) and develop skills to support effective management of organisational assets.

Here are the key skills learners will gain from this training:

• Implement ISO 55001 Principles: Apply ISO 55001 scope, key concepts and terms to support asset management practices.
• Evaluate Asset Management Systems: Assess how Asset Management Systems operate and understand the value they deliver across different organisational functions.
• Identify Asset Management Types: Distinguish between financial, enterprise, infrastructure, IT, digital, and software assets to support effective decision-making.
• Analyse Organisational Context: Identify stakeholder needs, organisational objectives, and contribute to defining the scope of an asset management system.
• Support Asset Lifecycle Activities: Support asset planning, acquisition, operation, maintenance, and disposal in alignment with ISO 55001 principles.

What’s included in this ISO 55001 Foundation Training Course?

• ISO 55001 Foundation Examination
• World-Class Training Sessions from Experienced Instructors
• ISO 55001 Foundation Training Certificate
• Digital Delegate Pack

ISO 55001 Foundation Exam Information

To achieve the ISO 55001 Foundation Training, candidates will need to sit for an examination. The exam format is as follows:  

• Question Type: Multiple Choice  
• Total Questions: 30  
• Total Marks: 30 Marks  
• Pass Mark: 50%, or 15/30 Marks  
• Duration: 40 Minutes